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CCI nod to Sun-Ranbaxy deal could require divestment of some brands

Healthcare

02 December, 2014

CCI nod to Sun-Ranbaxy deal could require divestment of some brands

Following detailed scrutiny, fair trade watchdog Competition Commission of India has suggested that Sun Pharma and Ranbaxy should make certain ......

JSW Steel puts $100M bid for Italy's Lucchini on the backburner

Manufacturing

01 December, 2014

JSW Steel puts $100M bid for Italy's Lucchini on the backburner

JSW Steel Ltd, the third largest Indian steel maker, said it has deferred the proposed acquisition of Italy’s Lucchini SpV.“For ......

United Spirits minority shareholders reject 9 proposals at EGM

Consumer

01 December, 2014

United Spirits minority shareholders reject 9 proposals at EGM

Minority shareholders of India's largest liquor firm United Spirits have rejected as many as 9 of 12 resolutions, including some ......

GDP grows 5.3% in Q2, slower than 5.7% in Q1; but beats estimates

General

28 November, 2014

GDP grows 5.3% in Q2, slower than 5.7% in Q1; but beats estimates

Indian economy grew at a better- than-expected rate of 5.3 per cent in July-September quarter on account of improved performance ......

Sensex, Nifty hit new highs on fall in global oil prices

General

28 November, 2014

Sensex, Nifty hit new highs on fall in global oil prices

Showing no signs of exhaustion, the market continued upward sprint on the first day of December contract as both the ......

WTO impasse ends, India's food security concerns taken on board

General

28 November, 2014

WTO impasse ends, India's food security concerns taken on board

Ending months-long deadlock, the WTO on Friday approved a trade facilitation pact while agreeing to India's demand for continuing the ......

Kotak Mahindra entering general insurance, Mahesh Balasubramanian to head unit

General

25 November, 2014

Kotak Mahindra entering general insurance, Mahesh Balasubramanian to head unit

Private-sector lender Kotak Mahindra Bank today announced its entry into the highly fragmented general insurance space, a week after buying ......

India set for Goldilocks period; GDP growth to accelerate to 6.8% in 2016: Nomura

General

25 November, 2014

India set for Goldilocks period; GDP growth to accelerate to 6.8% in 2016: Nomura

Indian economy is set for a 'goldilocks' period -- used to describe a timeframe of high growth and low inflation ......

Government team in China for feasibility study of Delhi-Chennai bullet train corridor

Infrastructure

25 November, 2014

Government team in China for feasibility study of Delhi-Chennai bullet train corridor

An Indian Railways team is in China to chalk out plans for conducting feasibility study to build the 1,754 km-long ......

PowerMin mulls changes in norms for buyers and sellers of renewable energy

Infrastructure

25 November, 2014

PowerMin mulls changes in norms for buyers and sellers of renewable energy

The Power Ministry will soon approach the Cabinet with a proposal to introduce stringent rules for buyers and sellers of ......